A question I've been asked a lot today, and the answer is: the currency $LINEA has a strong project because it is part of Layer 2 solutions built on Ethereum, and is supported by giant companies like #meta
๐ป Why did the drop happen?
The company distributed airdrops in large quantities without restrictions, which created significant selling pressure.
It's normal to see a drop after such distribution, especially with the current market situation.
โ Why could it have a future?
Technically built on zk-rollups, which is an advanced solution to the scalability problem in Ethereum.
It has strong liquidity and trading volume.
Supported by major institutions.
โ Risks:
In the short term, it will remain volatile.
The selling pressure from the airdrop holders hasn't completely ended yet.
๐ก The most suitable strategy:
Medium to long-term investment is the best solution.
Quick entry or short trading may not be a successful option during this period.
๐ Important point: Continuously monitor supply and demand (illustrated in the pictures), as it is the real indicator of price movement.
โ In your opinion, does $LINEA really have a big future and are you ready to invest in this currency? Share your opinion in the comments.
LINEAUSDT
Perp
0.003058
+3.41%
